Contact information
London (UK) Office
22 Portman Square, Marylebone, London W1H 7BG, UK
Istanbul (Turkey) Office
19 Mayıs Mahallesi, 19 Mayis Street No 2 Sisli
Compensation and benefits play a critical role in attracting, motivating, and retaining talent. A well-designed pay structure ensures internal equity, external competitiveness, and alignment with organizational strategy. This course provides participants with a practical understanding of pay structures, job evaluation methods, benefits packages, and compliance considerations. Participants will also learn how to balance organizational costs with employee motivation and satisfaction while maintaining competitiveness in the labor market.
Understand the principles and components of pay structures.
Apply job evaluation techniques to determine appropriate pay levels.
Analyze market data to ensure competitive compensation.
Design and implement employee benefits programs.
Align compensation and benefits with organizational strategy and legal frameworks.
Communicate pay and benefits effectively to employees.
Lectures and Expert Insights: Leading industry experts will share their insights and best practices.
Case Studies: Analyze real-world talent acquisition challenges and solutions.
Group Discussions: Engage in meaningful discussions and share experiences with peers.
Role-Playing and Simulations: Practice recruitment scenarios to enhance skills.
Hands-on Workshops: Gain practical experience in using recruitment tools and techniques.
Ensures fair and consistent pay practices across the organization.
Strengthens employee engagement, motivation, and retention.
Improves competitiveness in attracting top talent.
Helps organizations comply with labor laws and compensation regulations.
Enhances transparency and trust in HR practices.
Builds skills in compensation analysis and job evaluation.
Enhances ability to design and manage pay and benefits structures.
Strengthens decision-making in balancing cost and employee satisfaction.
Increases confidence in handling employee compensation queries.
Provides career advancement opportunities in HR and compensation management.
HR professionals and compensation specialists.
Payroll and benefits administrators.
Line managers responsible for employee rewards.
Finance and HR business partners.
Anyone involved in pay policy and employee engagement.
Role of compensation in HR and organizational strategy.
Components of a total reward system.
Internal equity vs external competitiveness.
Job analysis and job evaluation basics.
Introduction to grading systems and pay scales.
Job evaluation methods (ranking, classification, point factor).
Linking job evaluation to pay grades.
Building salary structures: pay ranges, midpoints, and bands.
Pay progression and career pathing.
Practical exercise: Conducting a simple job evaluation.
Sources of compensation data and salary surveys.
Analyzing market competitiveness.
Pay positioning strategies (lead, lag, match market).
Balancing internal vs external equity.
Case study: Designing a competitive pay scale.
Day 4
Employee Benefits and Rewards
Types of employee benefits: statutory vs discretionary.
Health insurance, retirement plans, allowances, and perks.
Flexible benefits and cafeteria plans.
Linking benefits to employee engagement and retention.
Global trends in compensation and benefits.
Pay policy development and documentation.
Legal and ethical considerations in compensation.
Communicating pay and benefits to employees.
Managing employee expectations and addressing pay concerns.
Designing a pay and benefits framework for a sample organization.
